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Violation Tracker Individual Record

Company: 
Hearst Corp.
Current Parent Company: 
Hearst
Penalty: 
$4,000,000
Year: 
2001
Date: 
October 11, 2001
Primary Offense: 
investor protection violation
Secondary Offense: 
premerger notification violation
Violation Description: 

The Hearst Corporation and its parent, The Hearst Trust, agreed to pay $4 million to settle charges that the company failed to produce key documents before undertaking an acquisition subject to pre-merger review.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
media
Specific Industry of Parent: 
media
Source of Data: 

https://www.justice.gov/archive/atr/public/press_releases/2001/9292.htm (archived copy)

Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.